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Home » Newsletters » BioWorld MedTech

BioWorld MedTech

July 13, 2021

View Archived Issues
3D illustration of shoulder with Inspace implant

FDA greenlights Stryker’s balloon implant for shoulder repairs

Stryker Corp. has won the FDA’s nod for an implantable balloon spacer to aid in the healing of torn rotator cuffs. The de novo clearance of the Inspace subacromial tissue spacer system comes more than a decade after the biodegradable shoulder repair implant first debuted in European markets. The minimally invasive Inspace device is intended for arthroscopy treatment of massive irreparable rotator cuff tears (MIRCTs). Read More
European Commision headquarters

EC issues guidance on EU IVDR codes to offset NB burden

The European Commission (EC) posted a new explanatory note on Tuesday that provides guidance on the codes set under the European In Vitro Diagnostic Regulation (IVDR) to define the notified body (NB) scope of designation and qualification required for assessing a device. The clarifications explain how to use the different levels of codes to guide the proper allocation of resources, citing the anticipated challenges with limited experience and competency of NBs. Read More
Vocal soundwave illustration

Qualcomm to integrate Sonde One vocal health tracker on mobile device chips

Sonde Health struck a deal with Qualcomm Technologies Inc. to embed its vocal health biomarker product, Sonde One, in the Snapdragon 888 and 778G 5G mobile platforms. The deal would make vocal biomarker monitoring native to the devices that use the company’s chips in mobile and IoT devices. Read More
Judge's gavel with US flag

U.S. federal government agencies tightening their focus on med tech

The COVID-19 pandemic may have been largely responsible for the lower volume of enforcement activities against device makers in 2020, but the volume of these activities seems to be ramping up in 2021. Recently, the FDA posted a large batch of warning letters to device makers while the U.S. Department of Justice (DoJ) announced two new enforcement actions, including a $27 million fine to the operators of durable medical equipment distributorships for kickbacks, part of a growing set of signals that enforcement is back in vogue in the U.S. Read More
Illustration of spine before and after Miscoli

VBT device for treating adolescent scoliosis awarded breakthrough device designation

TORONTO – Spino Modulation Inc., a subsidiary of Montreal-based med-tech company Spinologics Inc., has received breakthrough device designation for a vertebral body tethering (VBT) device to treat adolescent idiopathic scoliosis, one of three types of scoliosis that cause the spine to develop an abnormal curve. Read More

Hepion’s positive phase IIa NASH data disappoint the Street

All the primary endpoints were met in Hepion Pharmaceuticals Inc.’s phase IIa trial of CRV-431 for treating nonalcoholic steatohepatitis (NASH). The market, however, wasn’t celebrating as the Edison, N.J.-based company’s stock (NASDAQ:HEPA) sagged 15.27% on July 13 to close at $1.72 per share. Read More

Appointments and advancements for July 13, 2021

New hires and promotions in the med-tech industry, including: Glytec, Neovasc, Path AI, Perimeter Medical Imaging AI. Read More

Financings for July 13, 2021

Med-tech firms raising money in public or private financings, including: Acutus Medical, Avisa Diagnostics, Hochuen Medical, Pixium Vision, Runway Growth Capital, Sofinnova. Read More

In the clinic for July 13, 2021

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Aerin Medical, Photocure, Tempus. Read More

Other news to note for July 13, 2021

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Airstrip, Avita Biomedical, Biointellisense, Exactech, International Isotopes, Invivo Therapeutics, Radqual, RTI Surgical, Seegene, Symphonyai. Read More

Regulatory actions for July 13, 2021

Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: East End Medical, Stryker, Xenios. Read More

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